Earlier I had "Trade Wars Exacerbate Recessions" at the American Thinker, here is an excerpt:
Trash talking China for artificially devaluing the yuan has recently become vogue in Washington. Front running presidential candidate Mitt Romney has been critical of China's money manipulation on the campaign trail. The Senate is considering a bipartisan bill to "punish" China for keeping the yuan under priced. Pennsylvania Senator Bob Casey says the bill will "let the officials in China know that there are consequences to cheating."
Talk about the pot calling the kettle black.
(there seems to be an editing error with my post at the American Thinker with one sentence split and misplaced)With gold at $1,600, gas averaging $3.50 a gallon across the nation, and U.S. money stock growth hitting 23.3% at an annual rate for the past 3 months, the rest of the world is seeing the inevitable effect of Keynesian prime pumping. When Fed chairman Ben Bernanke launched his last massive Treasuries purchase known as QE2 last fall, he boasted about the immediate effect of boosting the stock market. Days later he blasted China for artificially fixing the price of the yuan. Like a chain smoking dad lecturing his kids on the danger of cigarettes, its "do as I say, not as I do" for a Congress and Fed unwilling to acknowledge their own reckless fiscal policy.
And I just had my first article published at Zerohedge titled "A New Boogeyman for America." Here is an excerpt from that:
With bin Laden dead and the assassination (no sugar coat here, that’s exactly what it was) of the American-born Al-Qaeda recruiter known as Anwar al-Awlaki, one would hope that our Middle East presence would begin to diminish. Judging by Senator Lindsey Graham’s prompting of a military reaction to Pakistan, you can pack that hope away along with naively believing Barack Obama would bring the troops home. If anything, our Nobel Peace prize winning president has been a boon for the military industrial complex.
The whole problem with Pakistan and Haqqani is that it’s not at all surprising when looking at the history of U.S. foreign policy. When the Soviet Union invaded Afghanistan around 1979, it has long been asserted by experts such as U.K. Foreign Secretary Robin Cook and former Pakistan Prime Minister Benazir Bhutto that the CIA trained and provided financial support for Osama bin Laden and the Afghan Mujahideen insurgents. During the recent Republican presidential debates, there has been plenty of talk of how to deal with Iran’s pursuance of a nuclear arms program. Despite all the worshipping of the stalwart of conservatism, Ronald Reagan, no candidate brings up that nasty little non-secret of the Gipper selling arms to the Iranians in the 1980’s. Most recently, after financing and assisting the Libyan rebels in overthrowing Muammar Gaddafi, the rebels are now detaining supposed Gaddafi supporters without cause or evidence. So much for instilling western democracy.
The trend is no different with Haqqani. Following Admiral Mullen’s accusation, Pakistan’s Foreign Minister Hina Rabbani Khar described the Haqqani as once being the “blue eyed boy of the CIA itself for many years.” According to Eric Margolis, an expert on foreign affairs and an internationally syndicated commentator, the U.S. also had a hand in training and funding Haqqani along with Al Qaeda in the 80’s.
See the pattern emerging?Big day indeed.